Tagged: cathie wood

Bitcoin ETFs: SEC Delays Decision on Ark Investment Management’s Spot Crypto ETF

The US Securities and Exchange Commissin (SEC) has postponed its decision regarding Cathie Wood‘s spot Bitcoin ETF application. The US SEC recently confirmed that it will be delaying its decision on whether to greenlight the Cathie Wood-backed Ark Investment Management’s (ARK) spot bitcoin Exchange-Traded Fund…. Read More

Crypto Platform 21.co Raises $25 Million in Round Led by Marshall Wace, Valued at $2 Billion

21.co, a Switzerland-based crypto platform, has raised $25 million in a funding round led by Marshall Wace. The valuation of 21.co was set at around $2 billion apparently making 21.c0 Switzerland’s largest crypto unicorn. Marshall Wace, regulated by the UK FCA, is a hedge fund partly… Read More

Over 2.1M BTC Return to Profitability based on Realized Price, $955M in Shorts Liquidated in 24 Hrs with Bitcoin Reaching $39K: Report

As Bitcoin prices rally higher, more than 2.1 million $BTC have now “returned to profitability based on their realized price,” according to an update from Glassnode. According to Glassnode, this indicates that 11.2% of the circulating Bitcoin supply has an “on-chain cost basis between $29k… Read More

Cathie Wood’s ARK Funds have Acquired Additional Shares of Digital Assets Firm Coinbase (COIN), while Selling Tesla Shares

Cathie Wood’s ARK funds has reportedly acquired additional shares of digital assets firm Coinbase Global Inc (NASDAQ:COIN). ARK reportedly made the purchase on Friday (April 16, 2021). The company also sold some of its Tesla (NASDAQ: TSLA) shares. ARK acquired 187,078 shares of Coinbase, which… Read More

Cash App from Square, Venmo from PayPal are Benefiting from Increased Use of Digital Wallets by Millennials, Analysts Explains

Catherine Wood, Founder, CEO, and CIO of ARK Investment Management LLC, an investment management company that managed the largest actively-managed exchange-traded fund (ETF) last year, recently commented on Fintech industry developments and shared her views regarding future growth opportunities. Wood, who previously worked at Jennison… Read More

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